Mises Wire

Trying to explain economics to progressives is like trying to explain to a flat-earther how a satellite orbits the planet.

Politicians and bureaucrats often fail to deliver what's promised because the very nature of government makes it impossible for them to succeed.

The prohibitionist impulse is widespread among politicians, whether it involves alcohol, drugs, sugar or meat.

The idea that money must grow in order to sustain economic growth gives the impression that money somehow sustains economic activity. But this has never been true.

Contrary to myth, Latin America has relatively few civilian-owned guns — either legal or illegal. But this hasn't prevented enduring high rates of violent crime.

Dr. Daniel Lahoud has single-handedly introduced hundreds of Venezuelan students to the ideas of Mises and Hayek. 

Claims that private-money production is too expensive usually ignore the many costs of a government-controlled money system.

Money supply growth slowed in October, falling to the lowest rate recorded since February of this year.

In line with Nazi economic totalitarianism overall, the National Socialists took total control of German agricultural while leaving in place an ersatz form of private ownership.

Hayek’s theory of knowledge cautions against grand designs based on the alleged expertise of a select class of people.